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Financial Guru - Bill Ackman

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Ismails

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Hey guys, I am just got interested about Hedge Fund Guy - Bill Ackman. I have watched a few videos about him in YouTube.
I don’t know. I think he is Maybe similar/equivalent to Peter Lynch.

Is it worthwhile listening to him for financial lessons ?
 

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Boo

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He's one of the greatest hedge fund managers ever, but what are you trying to learn?

Unless you're interested in business valuations, which in theory is all investing in stock should be, probably there are better teachers. If you want somebody to explain the infinite ways of measuring intrinsic value and predicting compounded expected returns based on historical stock moves, sure, he's a great guy to listen to.

If you need a guy to teach you how to budget because you're surviving on ramen and collecting cans to save a few cents... probably not.
 
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Ismails

Ismails

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There is a documentary about him and herbal life "betting on zero". Unless you want to start a hedge fund, i wouldnt especially focus on him.
I didn't know that. Thanks for the info.
 
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Ismails

Ismails

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He's one of the greatest hedge fund managers ever, but what are you trying to learn?

Unless you're interested in business valuations, which in theory is all investing in stock should be, probably there are better teachers. If you want somebody to explain the infinite ways of measuring intrinsic value and predicting compounded expected returns based on historical stock moves, sure, he's a great guy to listen to.

If you need a guy to teach you how to budget because you're surviving on ramen and collecting cans to save a few cents... probably not.
Yes. I am mostly interested in learning about the Contrarian Investing method and Basic Business Valuation. Thanks a lot. I appreciate you.
 

Boo

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Yes. I am mostly interested in learning about the Contrarian Investing method and Basic Business Valuation. Thanks a lot. I appreciate you.
I could recommend reading:

One Up on Wallstreet by Lynch
Deep Value by Carlisle
Margin of Safety by Klarman
Anything published by AQR
Letters and comments from Einhorn and Michael Burry
Security Analysis by Graham
Letters and studies from Tweedy Browne

I would suggest going from top to bottom. This should give you a fairly decent understanding of valuation and the importance of a margin of safety. I recommend these specifically because the market is so bullish and anti-value, that the contrarian move right now is likely to focus on underlying value. Also, Einhorn and Burry have their famous mortgage bubble play that was extraordinarily contrarian.

Graham and Tweedy Browne reports are must-reads. AQR is legendary in the value world, despite taking a beating the last few years.
 
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Ismails

Ismails

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I could recommend reading:

One Up on Wallstreet by Lynch
Deep Value by Carlisle
Margin of Safety by Klarman
Anything published by AQR
Letters and comments from Einhorn and Michael Burry
Security Analysis by Graham
Letters and studies from Tweedy Browne

I would suggest going from top to bottom. This should give you a fairly decent understanding of valuation and the importance of a margin of safety. I recommend these specifically because the market is so bullish and anti-value, that the contrarian move right now is likely to focus on underlying value. Also, Einhorn and Burry have their famous mortgage bubble play that was extraordinarily contrarian.

Graham and Tweedy Browne reports are must-reads. AQR is legendary in the value world, despite taking a beating the last few years.
This is huge help. Thanks man. I appreciate you.
 

Sanj Modha

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There is a documentary about him and herbal life "betting on zero". Unless you want to start a hedge fund, i wouldnt especially focus on him.
That was a great show.
 

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